Thursday, March 19, 2020

Trump says China knew of coronavirus "months" before cases first reported publicly

President Trump says China knew about coronavirus "months" before the first cases in Wuhan Province were publicly reported.


He blasted Beijing for failing to take steps to stop the virus "in its tracks".


Our Washington Correspondent Simon Marks reports.

  

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Trump Administration Coronavirus Stimulus package push through Senate

The Trump administration's proposed a 1 trillion dollar stimulus package is being rushed through the Senate to try and provide relief to the US economy against the coronavirus pandemic.

 

Our US Correspondent Jagruti Dave has more..

 

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EU Chief negotiator Michel Barnier tests positive for COVID-19

The EU's chief negotiator Michel Barnier has tested positive for coronavirus and will now self-isolate at his home in France. 

It's the latest blow to the post-Brexit trade talks, which are due to be completed by the December 2020 deadline. 

Lucy Hough (HOFF) has the details from Brussels: 

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BANK OF ENGLAND SLASHES RATES AGAIN

The Bank of England has again cut interest rates - this time to an unprecedented low of 0.1%.

Only last week it cut rates to a joint historic low of 0.25%, in response to the quickly spreading coronavirus.

Stuart Smith has more from London.

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Jobless claims soar in U.S. with unemployment expected to rise

The number of people in the U.S. filing for unemployment benefits last
week rose to the highest level since 2017.

As more stores close across the country because of the Covid-19
pandemic, unemployment is expected to soar.

William Denselow reports from New York.

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Wall St falls erasing Trump gains

Wall Street once again dropped at the opening bell amid coronavirus fears.

It means all the gains made during the Trump presidency have been erased.

US correspondent Nick Harper reports.

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ECB announces emergency €750 billion coronavirus plan

The European Central Bank has announced a €750 billion plan to calm markets and help the eurozone economy during the coronavirus pandemic.

The UK and EU have reported more than 70,000 cases of the COVID-19 virus, making it the new epicentre of the disease. 

Lucy Hough (HOFF) has more from Brussels:

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Indian government mulling $1.6 billion bailout package for the aviation industry

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The Indian government is mulling a one and a half-billion-dollar bailout package for the coronavirus hit aviation industry.

As the pandemic spreads around the world, India's airlines have suspended most international flights. 

Ishan Garg has more from New Delhi.

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UK TO TAKE EMERGENCY POWERS OVER CORONAVIRUS

Emergency laws are being put before the UK's Parliament that would give the government more powers to tackle the coronavirus outbreak.

104 people have now died in the UK after contracting Covid-19.

More than two and a half thousand have tested positive for it - but it's thought thousands more could be infected.

Rachel Venables has more.

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COVID-19: Nigerian airline suspends flights to outside Nigeria


A Nigerian airline Arik Air has announced the temporary suspension of flights to all its routes to the West African region as part of efforts to help curb the coronavirus which has been declared a pandemic by the World Health Organization.

Correspondent Phil Ihaza reports from Abuja.


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Number of patients tested positive with Coronavirus increase in India

The Indian Health Ministry says the number of people diagnosed with Covid-19 reached 169 on Thursday.

Fears of community transmission are on the rise and the government has issued several notices asking people to stay at home as much as possible in order to prevent the spread of the disease.

Sreoshi Mukherjee has more...

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Uganda Shuts Down Schools Over Fears of Coronavirus

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Uganda's President has ordered the closure of schools and Universities starting Friday. 

 

It's the latest measure being taken to prevent the spread of COVID-19.

Uganda still has no confirmed case of the coronavirus, despite the virus being present in neighboring countries. 


Isabel Nakirya reports


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Coronavirus outbreak threatens Olympic Games

The spread of the coronavirus is threatening the summer Olympics. As Tokyo continues to prepare games, a growing number of athletes are frustrated over the lack of communication and contingency plans from the International Olympic Committee. Grace Lee brings us the latest from Tokyo.


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Russian ruble falls to five-year low

The Russian ruble has fallen to its lowest level against the U.S. dollar in five years. The fall was partly due to a drop in oil prices, upon which the Russian economy is highly dependent. Julia Chapman has more from Moscow.

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Seoul pledges $39bln to help small businesses amid Covid-19 outbreak

South Korea's government has pledged $39 billion dollars in emergency funds for small businesses as Covid-19 disrupts the economy. Many businesses are on the brink of closing down despite other government measures to encourage spending.

Bruce Harrison reports from Seoul. 

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Wednesday, March 18, 2020

IMF Denies Emergency Loan to Venezuela

Venezuela has asked the IMF for a loan to help cope with COVID-19. 

The IMF has denied the request.

Mary Triny Mena reports from Caracas.

 

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Financial Markets Reeling

Financial markets are reeling as the coronavirus continues to spread and investors are bracing for a recession. 

US markets temporarily suspended trading for the fourth time in two weeks (on Wednesday).


Rachel Silverman has this report. 



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TANZANIA REPORTS 2 MORE COVID-19 CASES, RAISING THE NUMBER TO A TOTAL OF 3

Prime Minister Kassim Majaliwa says the two patients are both foreign nationals. The patients are a 24-year-old German and a  61-year-old American man. One case was confirmed in Dar es Salaam and one in Zanzibar. The country's first case was reported on Monday.  


Daniel Kijo has more from Dar es Salaam.



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US-Canada border to close to "non-essential traffic"

The US-Canada border is to be temporarily closed to "non-essential traffic".

President Trump announced the measure on Wednesday as governments
around the world try to slow the spread of the coronavirus.

Our US correspondent Jagruti Dave has more details…

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Biden wins big in several primary votes

The former U.S. vice-president Joe Biden has moved closer to becoming
the Democratic presidential nominee.

On Tuesday he beat Bernie Sanders in all three of the states that were
holding primaries.

But the Covid-19 outbreak continues to cause major disruptions on the
campaign trail.

U.S. correspondent William Denselow reports

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